

TCF1044: Business in 20 Minutes
11 snips Jul 26, 2025
Tim and Derek dissect the common traps contractors fall into while scaling their businesses too quickly. They share insights from their own journeys, stressing the importance of understanding overhead costs and knowing your numbers. The conversation highlights the trade-offs between operating solo and building a team. Listeners are encouraged to create solid business plans, implement smart scheduling, and hire judiciously to enhance efficiency. Real-life examples illustrate how strategic planning can transform a chaotic operation into a well-oiled machine.
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Young Operators Run Lean And Profitable
- Derek noticed young detailers and tint installers running lean and charging confidently despite low overhead.
- He warns many change what worked and scale too fast, killing profitability.
Don’t Scale Until Costs Match Revenue
- Avoid scaling too quickly and adding overhead without calculating true costs.
- Focus on replicating the lean systems that got you initial success before expanding.
Copying Prices Without Counting Overhead
- Derek recounts copying a mentor's lawn prices and failing to account for hiring costs and equipment upgrades.
- That mismatch forced him to cut more yards while making less profit.